Bitcoin (BTC), which showed a 7% decline in June, may experience a strong recovery in July, according to analysts. According to Coinglass data, Bitcoin has historically experienced a 0.35% decline in June. However, crypto markets analyst Ali Martinez noted that in years where June ended in decline, Bitcoin averaged an increase of 7.42%.

Additionally, Memecoin analyst Murad noted that Bitcoin has gained at least 28% in the first weeks of every July for the last six years. However, some analysts have criticized the German government's Bitcoin sales and the upcoming Mt. He states that Gox payments may put pressure on the price of Bitcoin.

These payments are expected to begin in the first week of this month, with approximately $8.5 billion worth of BTC being paid to creditors. However, many analysts believe that the impact of these payments may not be as bad as investors expected.

Historically, Bitcoin's best monthly performance usually comes in November, with an average monthly gain of 46.81% since 2013. What do you think about this? Share your comments below.#Bitcoin#Cryptocurrency #Blockchain